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In the many conversations that F. Scott Fitzgerald had with his friend Ernest Hemingway, Fitzgerald was believed to have said that "The rich are different from the poor." Hemingway's alleged response: "Yes, they have more money."

While this conversation may have never occurred, it goes without saying that the rich do indeed differ from the poor. In this first part of a four part PYM series I will be exploring precisely how the rich differ from the poor--in a psychological sense at least. In this first post, I examine how one's social class status--that is, the money, education, and occupation status of one's family--influences the concept of choice.

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